degrees with the highest average earnings and underestimates the returns to degrees with the lowest average earnings. Second …, we decompose the impacts on earnings into effects on wage rates and effects on hours. For most degrees, the earnings …

This paper explores the role of school quality in immigrants' home countries on their earnings in Germany, using native …

workers' wages and to explore the factors that contribute to the existence of such mismatch among workers with higher …

results. However, once we adjust for labor market factors, we estimate that raising teacher wages by ten percent reduces high …

wage-schooling model where earnings persistence is not accounted for. It is argued that the OLS estimator of the schooling … coefficient is biased upward, and the bias is increasing with potential labor-market experience and the degree of earnings … cannot be cured by increasing the control set. Further, it is shown that disregarding earnings persistence is still …

reduction in earnings is likely due to the reduction in education. …

subsequent wages as the result of joblessness early in one's working years. Many youths get into a rut at the beginning of their … higher risk of subsequent unemployment and lower trajectory for future earnings after re-entry, it is crucial to gain a …

reduction in earnings is likely due to the reduction in education. It should be noted, however, that due to the characteristics …

This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …

A well-established empirical literature suggests that individual wages are persistent. Several theoretical arguments … fact. This paper investigates the consequences of disregarding earnings persistence. In particular, it shows that the most …